Trump vs Nord Stream-2

US President Donald Trump

Patty Aguilar
|
13 July, 2018, 21:28

"We believe the pipeline would undermine Europe's overall energy security and stability by providing Russian Federation another tool for the political coercion of European countries, especially Ukraine".

"As for Germany's dependence (on Russia) as a major gas buyer we can not agree with this premise", Kremlin spokesman Dmitry Peskov told reporters on a conference call when asked about Trump's comments. And the former Chancellor of Germany is the head of the pipeline company that's supplying the gas.

"As for attempts to organize various attacks on this commercial project (Nord Stream 2 - TASS), we have said before that we consider this to be a manifestation of unfair competition", Peskov said. "Explain that. And it can't be explained - you know that", Trump said.

"We consider that it's a question of economic competition and that ... the buyers must take their own decision", he said. In August 2016, Biden decried Russia's use of its energy resources as a weapon to influence other countries and called the North Stream 2 pipeline a "fundamentally bad deal" for the continent. "I'm pretty sure that Germany will, to some degree, try to diversify its sources of supply so that Russian gas will not account for more than 40% or so of its imports", Kokin said. There will be terminals built in Germany or there will be pipelines built from Belgian and Dutch terminals - that's also possible.

"The president is pretty straightforward about what he believes and he thinks Nord Stream 2 is not in the European Union's best interest and my bet is he'll be more than happy to tell President Putin that straight to his face", said Perry. "70 percent of its energy coming in from Russia", said Trump, pointing out Germany's growing reliance on Russian energy. He said he also mentioned tripartite talks [on gas - EU-RF-Ukraine], which they will hold.

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